The probability of a callable bond being called, and thus the yield premium that investors demand for the risk of a call, is directly related to:

Companies that are responsible and concerned about local residents should lead by doing what's appropriate and then communicate what they did — not the other way around

Indicate whether the statement is true or false

Zheng Sen wishes to accumulate $1 million by the end of 20 years by making equal annual end-of-year deposits over the next 20 years. If Zheng Sen can earn 10 percent on his investments, how much must he deposit at the end of each year?

A) $ 14,900 B) $ 50,000 C) $117,453 D) $ 17,460